We advised the leading American private equity firm, Berkshire Partners, on Luxembourg tax and corporate law aspects of its divestment of Farm Boy, a Canadian grocery store, which Berkshire Partners acquired in 2012. Farm Boy was sold to the Canadian food retailer Empire Co Ltd for a total enterprise value of CAD 800 million, and will be set up as a separate company within Empire’s structure.

Farm Boy focuses on a robust private label and fresh food assortment, with an emphasis on local fresh produce, meat and a wide-range of restaurant quality ready-to-eat food prepared in-store.

Our tax and corporate teams, led by Jochem van der Wal and Siobhán McCarthy, combined their expertise in advising Berkshire on this transaction.